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 orangeguru discovered 21 months ago- Central banks flooded the world with cheap money for years, helping the rich get richer. Now inflation is on the horizon, threatening to make the poor even poorer.
The stock markets are harbingers of economic hardship. Each stagnation, downturn and recession goes hand-in-hand with falling stock p... more
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- orangeguru rated 21 months agopolitics, social-equlity, economy, globalization, money-markets
- Central banks flooded the world with cheap money for years, helping the rich get richer. Now inflation is on the horizon, threatening to make the poor even poorer.
The stock markets are harbingers of economic hardship. Each stagnation, downturn and recession goes hand-in-hand with falling stock prices, often even a market crash. The biggest crashes have names: Black Friday in 1929, or Black Monday in 1987.
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